Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h −0.013%
Price spread now: Polymarket Perps against Orderly+0.080%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.080% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EWY_USDC_mythos188.310.0100pay 0.0100% / 8h4h 43m$2K$1K20x
ShortPolymarket Perps EWY-USD188.460.0247get 0.0031% / 1h43m 05s$4K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$30.84
Price spread: +0.080% → 0.000%
$7.97
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$24.81
Costs to cover
0.140%
Break-even
1.4 days
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Polymarket Perps no order-book sample
Orderly and Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EWY on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−0.0056%1h188.26−0.027%$28K$17K20xas long as short
Bybit EWYUSDT0.0000%8h188.36+0.027%$5.0M$5.1M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h188.28−0.016%$4.0M$4.9M50xas long as short
Bitget EWYUSDT0.0000%8h188.32+0.005%$3.3M$3.4M20xas long as short
SunX EWY-USDT0.0000%8h187.99−0.170%$1.6M20xas long as short
Phemex EWYUSDT0.0000%8h188.32+0.005%$1.7M$37K10xas long as short
Deribit EWY_USDC-PERPETUAL+0.0016%1h188.26−0.027%$3K$10K20xas long as short
Lighter EWY+0.0032%1h188.16−0.080%$382K$44K20xas long as short
Vest EWY-USD-PERP+0.0046%1h188.310.000%$224K25xas long as short
Popdex EWYUSDT+0.0048%1h188.28−0.016%$202K$174K20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International EWY-PERP-INTX+0.0048%1h188.11−0.106%$523K$253K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h188.18−0.069%$5.9M$14.8M20xas long as short
Entropy io:EWY+0.0050%1h188.25−0.032%$143K$118K25xas long as short
SoDEX EWY-USD+0.0050%1h188.29−0.011%$765$3K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h188.24−0.037%$225K$315K10xas long as short
Paradex EWY-USD-PERP+0.0056%8h188.42+0.057%$235xas long as short
Gate EWY_USDT+0.0068%8h188.38+0.037%$3.9M$5.0M50xas long as short
KuCoin EWYUSDTM+0.0100%8h188.12−0.101%$968K$749K20xas long as short
ApeX Omni EWYUSDT+0.0100%1h188.03−0.149%$13K$266K50xas long as short
Orderly PERP_EWY_USDC_mythoslong+0.0100%8h188.31long leg$2K$1K20x
Polymarket Perps EWY-USDshort+0.0247%1h188.46+0.080%$4K$7K20x
Aster EWYUSDT+0.0411%8h188.15−0.085%$291K$14K20xas long as short
edgeX EWYUSDC+0.0477%4h188.11−0.106%$422K$297K20xas long as short
Variational Omni EWY+0.0486%8h188.07−0.129%$1.1M$943Kas long as short
BloFin EWY-USDT+0.0512%8h188.28−0.016%$49K$248K50xas long as short
MEXC EWY_USDT+0.0515%8h188.27−0.021%$6.8M$4.7M100xas long as short
Binance EWYUSDT+0.0517%8h188.27−0.021%$26.0M$87.1M50xas long as short
Extended EWY_24_5-USD+0.0520%1h188.22−0.049%$247K$1.5M10xas long as short
HTX EWY-USDT+0.0546%8h188.30−0.005%$22K$36K20xas long as short
GRVT EWY_USDT_Perp+0.1034%8h188.21−0.051%$738K$416K10xas long as short